A G KJØSTVEDT AS: årsregnskap 2007 vs 2006
Shrank 8% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for A G KJØSTVEDT AS. Revenue 6.21m NOK → 5.70m NOK (-8.3%). Net result +201.9k NOK → +286.0k NOK. Equity 715.0k NOK → 701.0k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +413.9k NOK → +508.0k NOK (op. margin 6.7% → 8.9%). Calculated
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Net result improved
Net result +201.9k NOK → +286.0k NOK (net margin 3.3% → 5.0%). Calculated
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Payroll decreased
Salary cost 1.51m NOK → 1.41m NOK (24% → 25% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.21m NOK to 5.70m NOK (-8.3% YoY). Calculated
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↓
Equity eroded
Book equity 715.0k NOK → 701.0k NOK (equity ratio 14.0% → 15.5%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 2.99m NOK → 2.64m NOK (-11.4% YoY). Calculated